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Eastern Bankshares (Eastern Bankshares) Earnings per Share (Diluted) : $1.41 (TTM As of Dec. 2023)


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What is Eastern Bankshares Earnings per Share (Diluted)?

Eastern Bankshares's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.95. Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.41.

Eastern Bankshares's EPS (Basic) for the three months ended in Dec. 2023 was $1.96. Its EPS (Basic) for the trailing twelve months (TTM) ended in Dec. 2023 was $1.42.

Eastern Bankshares's EPS without NRI for the three months ended in Dec. 2023 was $0.10. Its EPS without NRI for the trailing twelve months (TTM) ended in Dec. 2023 was $1.08.

During the past 12 months, Eastern Bankshares's average EPS without NRIGrowth Rate was -17.40% per year. During the past 3 years, the average EPS without NRIGrowth Rate was 19.20% per year. During the past 5 years, the average EPS without NRI Growth Rate was 13.60% per year.

During the past 6 years, Eastern Bankshares's highest 3-Year average EPS without NRI Growth Rate was 20.50% per year. The lowest was 14.90% per year. And the median was 19.20% per year.


Eastern Bankshares Earnings per Share (Diluted) Historical Data

The historical data trend for Eastern Bankshares's Earnings per Share (Diluted) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Eastern Bankshares Earnings per Share (Diluted) Chart

Eastern Bankshares Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Earnings per Share (Diluted)
Get a 7-Day Free Trial 0.64 0.13 0.90 1.21 1.43

Eastern Bankshares Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Earnings per Share (Diluted) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.26 -1.20 0.30 0.36 1.95

Competitive Comparison of Eastern Bankshares's Earnings per Share (Diluted)

For the Banks - Regional subindustry, Eastern Bankshares's PE Ratio, along with its competitors' market caps and PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eastern Bankshares's PE Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Eastern Bankshares's PE Ratio distribution charts can be found below:

* The bar in red indicates where Eastern Bankshares's PE Ratio falls into.



Eastern Bankshares Earnings per Share (Diluted) Calculation

Earnings Per Share (EPS) is the amount of earnings per outstanding share of the company's stock. In calculating earnings per share, the dividends of preferred stocks need to subtracted from the total net income first.

Eastern Bankshares's Earnings Per Share (Diluted) for the fiscal year that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (A: Dec. 2023 ) = (Net Income - Preferred Dividends) / Shares Outstanding (Diluted Average)
=(232.177-0)/162.403
=1.43

Eastern Bankshares's Earnings Per Share (Diluted) for the quarter that ended in Dec. 2023 is calculated as

Diluted Earnings Per Share (Q: Dec. 2023 )=(Net Income - Preferred Dividends / Shares Outstanding (Diluted Average)
=(318.503-0)/162.831
=1.96

Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.41

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies also reported diluted shares in their financial reports. Diluted shares include the shares of convertibles or warrants outstanding.


Eastern Bankshares  (NAS:EBC) Earnings per Share (Diluted) Explanation

Earnings Per Share (EPS) is the single most important variable used by Wall Street in determining the earnings power of a company. But investors need to be aware that Earnings per Share can be easily manipulated by adjusting depreciation and amortization rate or non-recurring items. That's why GuruFocus lists EPS without NRI, which better reflects the company's underlying performance.


Be Aware

Compared with Earnings per share, a company's cash flow is better indicator of the company's earnings power.

If a company's earnings per share is less than cash flow per share over long term, investors need to be cautious and find out why.


Eastern Bankshares Earnings per Share (Diluted) Related Terms

Thank you for viewing the detailed overview of Eastern Bankshares's Earnings per Share (Diluted) provided by GuruFocus.com. Please click on the following links to see related term pages.


Eastern Bankshares (Eastern Bankshares) Business Description

Traded in Other Exchanges
N/A
Address
265 Franklin Street, Boston, MA, USA, 02110
Eastern Bankshares Inc is a commercial bank that caters its products and services to retail, commercial, and small business customers. Its diversified products and services include lending, deposit, wealth management, and insurance products. The company has two operating segments; Banking business offers a range of commercial, retail, wealth management, and banking services, and consists of attracting deposits from the general public and investing those deposits, together with borrowings and funds generated from operations and the Insurance agency business segment consist of insurance-related activities, acting as an independent agent in offering commercial, personal and employee benefits insurance products to individual and commercial clients.
Executives
Nancy Huntington Stager officer: Executive VP 42 AUTUMN LANE, READING MA 01867
Quincy Lee Miller officer: President 3 BEECHWOOD LANE, MILTON MA 02186
Linda Marie Williams director C/O SMILEDIRECTCLUB, INC., 414 UNION STREET, NASHVILLE TN 37219
Marisa Harney director C/O CIT GROUP INC., 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Gregory Paul Buscone officer: EVP Sr Commercial Banking Ofcr 86 PINE STREET, MEDFIELD MA 02052
Deborah C Jackson director C/O JOHN HANCOCK, 601 CONGRESS STREET, BOSTON MA 02210
Bari A Harlam director C/O MOHAWK GROUP HOLDINGS, INC., 37 EAST 18TH STREET, 7TH FLOOR, NEW YORK NY 10003
Luis Borgen director 58 SUNSET RIDGE LANE, BOLTON MA 01740
Shell Greg Allen Sr. director 200 CLARENDON STREET, BOSTON MA 02116
James Burke Fitzgerald officer: Chief Financial Officer 108 MOUNT VERNON STREET, APARTMENT 6, BOSTON MA 02108
Sujata Yadav officer: EVP, Chief Marketing Officer 19 ORCHARD LANE, LYNNFIELD MA 01940
Matthew Adam Osborne officer: EVP Sr Commercial Banking Ofcr 11 RAVEN ROAD, CANTON MA 02021
Martha A Dean officer: EVP, Dir. of Operations C/O CNB FINANCIAL CORP., P.O. BOX 830, WORCESTER MA 01613-0830
Daniel J Sullivan officer: Chief Credit Officer 4 KENSINGTON AVENUE, READING MA 01867
Kathleen Cloherty Henry officer: Executive VP, General Counsel 58 MONTCLAIR AVENUE, WEST ROXBURY MA 02132